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Notes RefIndicatorDetailsThe SHA will not utilize a general rounding principle when considering compliance with these targets and standards, e.g. a performance of 94.5% will be considered as failing
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Canon 1 accuracy refers to the standards of correctness and precision required in the reporting and documentation of financial information or data related to specific regulatory guidelines.
Typically, entities or individuals involved in financial reporting that fall under specific regulatory frameworks are required to file canon 1 accuracy.
To fill out canon 1 accuracy, you must gather the necessary financial data, adhere to the prescribed format, and ensure all information is accurate and complete before submission.
The purpose of canon 1 accuracy is to ensure the integrity, reliability, and transparency of financial reporting and to aid regulatory compliance.
Information required includes detailed financial statements, supporting documentation, and any necessary disclosures as specified by the regulatory guidelines.
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